📈 Stocks & Economy🇮🇳 India
Ant Group Bets Big on Humanoid Robots With 12 Deals in 18 Months — What It Means for Indian Tech
CNBC·Friday, 3 July 2026
Ant Group, the financial arm of China's Alibaba, has made a dozen deals in the humanoid robotics space over the past 18 months. Its latest move is leading a 500 million yuan ($73.59 million) funding round in robotics startup Zeroth. The aggressive push signals that Chinese tech giants are racing to dominate the next wave of automation.
Why It Matters
India's IT and manufacturing sectors compete directly with China for global contracts. If Chinese companies lead the humanoid robotics race, Indian firms could face stiffer competition in automation-linked businesses.
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